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tv   MONEY With Melissa Francis  FOX Business  November 3, 2014 2:00pm-3:01pm EST

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melissa francis, you're up with "money." melissa: all right. the president is not on the ballot, or is he? new highs for the dow and s&p, latest midterm polls give republican the edge. what went wrong? new details on what cause ad virgin galactic spaceship to break up in space. this hour, captain mark kelly on the dangers of commercial spaceflight, why now isn't the time to give up. filler up. gas prices averaging less than $3 per gallon the last four years. how much is saving you? big brother, versus big soda as california voters consider taxing sugary drinks. even when they say it's not, it is always about money. melissa: with less thhn 10 hourr to go until the election, president obama taking time out for some economic schmoozing. at this hour the president
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meeting one-on-one with janet yellen. this was the first time she was confirmed as fed chairman they met one-on-one. the small it comes with clear-- summit ccmes as voters say the economy issthe number one problem. reports are emerging, republicans and democrats shied away from the issue, finding it murky ground on the campaign trail. here to discuss all of that charlie gasparino. veronica daguerre of "the wall street journal" and management. what do you think? >> i think that is a mistake. listen, the overall economy by the numbers looks pretty good but when you sort of drill down how peoole feel, they feel this is kind of a listless economist. i will say this. two races i'm following, massachusetts aboves race, connecticut governors race. if thooe two go to republicans, think about it, that is the heart of liberalism. massachusetts and connecticut. you have got to think that
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louisiana, easily reeublicans. you got to think the kansas race, pat roberts is kind after tired incumbent, he wins. got to think a big day tomorrow for republicans. that will be good for the markets. melissa: you mentioned the economic conditions out there. if you look at the latest "fox news poll," 47% of espondents think the economy is only fair. 33% think it is poor. dan shaffer, what do you think? >> it is poor. rank-and-file out there are hurting very badly. food stamp programs. people don't have enough money to pay their bills. logic with gas prices going down, helping economy issmost riddick includes thing. melissa: why is it ridiculous. more money to pay out of their pocket. >> pay down debt. spending went down by .2. this is what happened to the japanese cycle. they started to save money and stop spending. >> veronicaa >> millenials living in the basement of their parents house. there are millenials with tons of school debt. not having a job opportunities
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they're hoping to have. and they're, under really tough times. >> right. when you talk about lower gas prices, be here clear, people are much more fuel efficient than they were back in the '70s, when i pumped gas and -- >> you pumped gas too? every job, you always have a new job you had growing up. literally done everything. >> but good thing i only had one job for last 25 ears. but, you know, you know, the different economy. so i don't think that that lower gas price, listen it helps but it is not like it used to be. melissa: back to the market. apple not falling victim to the rumor mill. the stock hitting new all-time highs despite rrports that the apple watch will be delayed until spring of 2015. veronica, what do you think about that one? >> who knows when it will come out but it will be interesting to figure out how to get the battery lifelonger to keep that on for people when they wake up and go for their run. will they be charging all the time. there is so much about the watch we don't know.
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there are some high hopes for it. we'll see if it actually delivers. melissa: i don't think it has to deliver. apple, everybody wants them. my kids already heard about it. they already want it. i don't agree with it. it is ridiculous the way the public sucks up apple products. >> want the latest technology and latest fad. then it dies out. i don't know if it is exciting. melissa: i'm not sure you'rest. their target demo. >> i would buy the apple watch. melissa: 12-inch ipad. 12.2-iich. that is size of surface tablet. that is enormous. >> it makes sense. they're between the lab top now and tablets, or smaller tablets and iphone. you have a market for 12.2-inch screen. laptop smallest, is 13.5-inch? they have filled that gap. you go from the littte iphone like this or go to the ipad or this one in the middle, go to laptop. got it covered. >> 2/3 finished with henry kissinger's book -- melissa: on your phone. that is testament right there.
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herbalife probably giving bill ackman sweaty palms right now. shares soaring after the company agreed to settle a class-action suit for just $15 million. the plot expected to thicken when herbalife reports earnings after the bell. charlie, what did we expect? >> what did we report a couple weeks ago? herbalife patrols and shorts on this -- melissa: i love the name calling. >> they attacked us. what we said, based on what the3 company has been telling people, a lot recently, they expect to settle with the ftc. armageddon. like there will be some sort of, they will not close them down. they may face some fines, some penalties. this is not going to be end of the world. that is far cry from what bill ackman said this is massive fraud. listen, if this was massive fraud, and have a significant class-action suit you don't settle for 15 million wwthout admitting or denying any wrongdoing. melissa: they missed earnings last quarter. the stock has fallen 20% since then. >> i should point out in my last story, a lot of investors think they will miss again tonight.
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that could drive the stock way up or way down. melissa: dan, go ahead. >> miss of the expectations is in the stock. it is priced right. if they clean this up with this political -- >> that is even bigger. >> media problem. >> if they say something. >> if he say something. sales are declining over last four quarters. that could change dramatically after this report. melissa: emotional milestone taking place in new york. one world trade center officially opened for business today with 175 emmloyees from anchor tenaat conde nast becoming first to move into the building. veronica, we're all watching this today. historic event but only 58% of the building is leased. >> there is still a lot of room. i give credit for conde nast and employees goinggin there. courage to go into this spaceof with so much emotion attached to the area. there is great sign for the economy that people are moving in. we're getting closer to getting this thing leased.3 >> my dad worked on original
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world trade center. he was iron worker. i worked at "wall street journal" during @/11. melissa: you didn't work on the original building? >> i went there when i was a kid. i worked across the street. i was this close walking into the building during the attacks. i had a doctor's appointment. i wonder rents will be like down there, why anybody would like to work there. that place is a target. melissa: man. >> let me throw in there, i was at dean witter back in the 1988s for six months -- >> you were there. >> i was on like the 78th floorrof trade center two. my door used to sway in the wind when that building moved. after i finished my six month and do other things i said, in can't stay. i can't work in this building. i never took an opportunity in that building ever again. i think t is scary. too tall. melissa: a lot of people on the ooher side of the fence -- >> you have to move on. melissa: you have to move on. >> i don't disagree with that. melissa: for sure. two california cities on the verge of nation's first sugary
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drink tax. san francisco and berkeley set to vote on proposals to tax sweetened beverages tomorrow. in news that will absolutely not surprise you at all, michael bloomberg is involved in his. theeformer new york city mayor giving more than half a million dollars to make sure that this whole thing passes. i mean they're focused on non-alcoholic drinks with caloric sweeteners. like coke and pepsi, we're coming for you. a tax on it. >> they're targgting wrong ingredient. should be targeting artificial. get rid of the artificial sweeteners, the stuff decode and genetically modified. sugar -- melissa: only dating myself. i will make that decision for myself. >> orrnge juice, raisins? >> i like to eat healthy and drink healthy. i drink pure vodka so. >> no sugar. >> no sugar. natural sugar. you know, but you would think
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that listen, we're legalizing pot everywhere. melissa: that's true. >> we're making sugary drinks. melissa: and taxes sugary drinks. >> i happen to like mike bloomberg. i thought he was very effective mayor. melissa::nanny bloomberg. he lost it. >> he was good mayor -- melissa: compareddively. >> good no matter what. he should his vast resources i don't know -- melissa: something else. >> you would think there are more pressing matters out there, not backing down. why experts refuse to give up on commercial space travel despite last week's tragedy in the deeert. >> wrld's best ceo, i will need to hear from you guys on this next one. head to twitter. follow me @melissaafrancis, who the best ceo in the world is, from warren buffett to elon musk. who do you think is the very best in the business world? more "money" cooing up. ♪ solly bank really hano hidden fees onavings accs?
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so i c reach ally bank4/7, but there are24/7bnches? it'just i'm a little reluctant to try n tngs. at's ong with trying new things? feel tt in yr muscles? yeah. i do... tra new way to ban where n branches equs eat rates. melissa: huge step backwards for the space industry. aftermath of the virgin galactic crash. federal investigators are not naming specific cause for the
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fatal incident although new details say pilot error may be to blame. despite the tragedy, richard branson vows to move forward. >> absolutely it worth the risk. grand program, that wish had a horrible setback that don't think anybody watching this program would want to us abandon it at this stage. melissa: here is retired nasa astronaut and space shuttle commander, captain mark kelly. captain kelly, thanks for joining us today. we appreciate your time. >> you're welcome. melissa: you heard the latest from the ntsb that the spacecraft feathering system was deployed too early. does that sound to you like what happened and is that pilot error? >> well, i think the ntsb was talking about a fact, not the exact cause of the accident. so they mentioned that the system was activated early. it still shouldn't deploy. based on what, you know, i learned and heard from the ntsb statement, there was a, somewhat
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inadvertent arming of the system and then, inadvertent deploying of the feathering system and then shortly there after, that was the catastrophic accident, the mishap. but, you know, this is not the ntsb's final conclusion. that will take months. but i think it is pretty telling they would come out and give a statement this early, they saw things, that din exactly occur when they were supposed to. melissa: telling in what way? >> the feathering system, in some ways, yoo could equate it like a flap on the airplane. adding a flap on the airplane will give lift when they need, land. in this case it is used to increase drag. it is part of the entry, the entry approach, the entry from space and normally not deployed in powered fliiht. in this case it seems like it did but like richard said
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earlier, and he said in the past couple days, you don't want to necessarily draw conclusion on that but, you know, it is some evidence that the ntsb will use melissa: you are the founder of world view, a company out of arizona, planning commercial space trips. does, how does this impact your business going forward? >> well, i don't think it does. everybody knows this is a risky business to be in. youuknow, space tourism is something that hasn't been done before. you hhve to give virgin galactic an incredible amount of credit for attempting this. i'm confident in time they will figure this out. at world view, you know, it just reminds us, i think it reminds us all that this is risky thing to do. a, you know, great progress without taking some risk. and you know, i'm looking forward to the day when virgin galactic flies the first passengers in space. melissa: speaking of them. 700 people paid $250,000 for trips into space. how do you think this impacts them?
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knowing the type of people that would sign up for that and pay for that, do you think it impacts their decision to go forward? >> i think it depends on the individual. i think some people look at this, say, okay, maybe it was a little bit riskier than i thought. but i would remind thooe folks that there were no passengers on board. these were two test pilots that have, you know, have to take this thing out there and evaluate it and bring data back to the engineers. they know they're taking additional risk. when theefirst planing flies on a virgin galactic spacecraft, by that point we hope the risk has beee substantially reduced. so i would expect some of their customers will look at this one way. but i think the vast majority of them are going to say, hey, this is, they knew it was a risky thing to get into.3 this is the devvlopment program, and it will be different, when it becomes an operational spacecraft. melissa: one space pilot lost his life and our thoughts and prayers are with the family. captain kelly, thanks for
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joining us today to shed some light on this we appreciate it. >> you're welcome. melissa: first trading day in3 november off to upbeat start. s&p 500 hitting new intraday highs. let's go to nicole petallides on floor of new york tock exchange with look at individual stocks in record territory, nicole. >> there is a lot to take a look at, melissa. we had good manufacturing numbers. everybody is waiting on jobs tomorrow we have elections. dow and s&p, record highs. we want to look at big movers. these are names hitting highs. individual names. we're looking at alibaba and yahoo! yahoo! has 16% stake in alibaba. it moved it down. sold some of it. as alibaba does well, so does yahoo! yahoo! is doing well on its own. waiting on yahoo! numbers to come out. we're expecting revenue to grow 45% some say year-over-year. apple a new high there. dow component visa has been shining as well. a lot of new highs to note in addition to the major indices. locking in serious gains. >> nicole, thank you very much,
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from the u.s. to every corner of the globe, money is flying around the world starting in germany more than willing to see the uuk. leave the european union? angela merkel said to have warned british they are at the point of no return and sieving them leave than changing labor laws to accommodate their needs. europeans that come to work in the country. china which is using lasers to shoot down small drones. officials launch ad laser weapon machine that can bring down aircraft one one mile range. china says it will insure safety during large events. landing in russia where a school book purge brought big business to president putin's friends. tte number of school books approved by the kremlin slashed in half. leaving only handful of publishers in operations. turns out one of the biggest
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school bookmakers to win all of the new orders is managed by one of putin's childhood buddy is shocking. an old partner from his judo class in st. petersburg. very subtle. zuck and elon who, bested ceos. a walk to remember as a daredevil cross as tightrope between two chicago skyscrapers with no net! oh, he was blindfolded! unbelievable. do you have too much money? ♪
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melissa: the numbers have been crunched. can i get a drum roll? best performing ceo is jeff bezos. the panel is here to sound off.
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charlie is back with rob basso and veronica daguerre is back. >> the numbers just don't say everything, let's be honest here. melissa: yeah? >> listen, i think you need vision. i think you need strategy. i think you need to appoint the best people for the job. and i'm going out on a him here and say that the best ceo, dollars to doughnuts, and ceo who is offered america a choice, is rupert murdoch, our boss. melissa: very inviting. >> i will go out further on a limb, when he was smart enough to do is pick the best programmer, newsman in the country, his name is roger ailes. melissa: wow. >> that is true. >> let me cut this off. let me cut this off. >> bill shine, head of fox business. melissa: so the official harvard business review that did this study, they looked at actual stats like return to shareholders. >> that down tell the hole story. melissa: of course it doesn't. they normalize it for the country you're in.
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also industries because they didn't want to get the starve bump from the industry you're in. how the stock market was doing in general and they camm up with jeff bezos. what do you think of that? veronica. >> i was surprised. aren't their margins not so great if you look at amazon? >> right. >> return to shareholders terms of stock price. they say you make the mistake that jeff bezos hasn't turned a profit. he has. he reinvests profit. >> he has buu operating in a hot space. melissa: what is your pick? what is your pick. >> i like elon musk.3 he have has got the innovation. >> and got government kickbacks. melissa: whatever. they're giving it to him. don't make apologies for taking it. >> i'm just saying. >> he has innovation and first that we like to see in america. melissa: i asked folks on twitter. you guys had really great answer. melissaafrancis on twitter. doug, says he is going with fred smith from fedex. that is good choice.
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>> i say howard schultz. before we got on air, howard schultz you went to the well with. that i did go to the well. here is why. he really supports his people. he went into the depths of recession. he didn't cut his 401(k) plan. he kept it going. i remember when they had real they ended up emerging out of it. the fact of the matter he has done a good job. their stock is up 70%. >> we're here and so used to what goes on around here. i will make, this is a serious point, people forget when it was like when fox news first came. no, listen to this. you had, at least 50% of the country saying the news media does not speak for us, speaks against us. it attacks our values. it provides one set of, one set of facts and not the other. we're sick of it. guess what, he rolled the dice and picked a really great guy to perform it. and you know, this, this company is an utter success ecause off that that is why --
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melissa: other twitter% followers, easy researcher, faithful viewer, says he is the best. he runs his company. hats off to the small businessman. i love that. >> don't buy my analysis. melissa: i do. i don't want to wade into this. >> you think media matters might have something to say? melissa: i don't know. president plays to base and gets hostile reception in connecticut taylor swift is in another fight. this one doesn't involve the next boyfriend. "piles of money" coming up. ♪ how much mon do you haven your pocket rit no
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i have $40, $2 could sothing that small make an impact something as big asour retirement? i don't think so ll if you start putting th towards your retiremt every week and t itit grow over time, for twenty to thirty years that retiremenchallenge ♪ not seemo big after all.
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melissa: just one day to go before the midterm elections. the momentum favors the republicans. there's still a lot of crucial races to watch. let's go to rich in washington, dc. >> republicans say they have the edge here, melissa. a poll says they
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narrowly control congress. though givee president obama's low approval rating critics argue that republicans should be polling much better. they should be picking up seven seats from democrats. an average of different polling shows dan sullivan over incumbent mark. colorrdo cory has built a lead over mark udall, the average of poll giving him a two and a half percentage lead. a fox news poll shows joni ernst is up slightly on democrat bruce braley a seat republicans hope to capture from democrats and a race republicans thought wouldn't be one. the independent greg orman has a slight lead over pat roberts. republicans +saeu orman would join are democratt if elected. republicans need to pick up six ssats. voters decide that
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tomorrow. iffthere's a run off election in louisiana we may not know until next month. if there's a run off in georgia, we could find out in january who controls the senate. by the way, that's day after the new senate convenes. >> i was wondering about that. i want to bring in katy, she joins us as well. here in the studio, digital politics editor, two of my favorite. thanks for joining me, guys. >> thanks for having us. melissa: the republicans take the senate. you wake up the in morning. what is different? how can the average feel a difference? go ahead, chris. >> here's the point: the test will come for president obama. midterm elections are about the incumbent president. the president comes for president obama if he's ready to negotiate. he might be willing to negotiate. or ddes he go nuclear. if the republicans take the senate, it becomes a temperature test for president obama.
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melissa: whether or not the president goes nuclear, he was campaigning in connecticut and did not get a warm response. let me play this for you and get your response on the other side. obama: thanks to leaders like them -- [shouting] obama: now, where was i? where was i? melissa: that was -- that was not the barack obama of old. i mean, he looked very agitated. shouting shame on you. >> yeah, that's pretty unpresidential, i think that's a perfect example of why candidates overall didn't want president obama out on the campaign trail with him. what does this mean for voters on wednesday morning? look, president obama with a democrat controlled congress he'll go nuclear and use
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his executive authority in ways that i think will probably want be okay with the congress. this is not okay for just president obama. will republicans sit by and say president obama is out of control and he can use his executive authorityyand complain about it or a will they do something to bring him in? that will be a huge thing for republicans. will they restore the balance between the legislative branch and the executive branch in government. melissa: chris, what is our bet? >> i think he goes nuclear. the response from republicans probably some mixture of confusion and fear. melissa: really? >> probably. >> it's hard. it's hard. then you start to talk about impeachment debate, you start to talk about what are the limited options they have. unless they can force the president to the negotiating table on his court,f they think make him deal, what are you going to doo
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melissa: let me talk money. because that is after all the name of the show. you know, the income gap has widened no matter how you think that happened, it has happened. the economy is slightly better than before. when you look at numbers on the conomy, the public gets that. so you so on how is each side using that to their advantage and who is winning? >> well, you've seen a lot of democratic campaigns especially in colorado and in new hampshire not focusing on the economy at all instead women's issues which actually isn't working out for them. with republicans they focus on things like obamacare and the economy, but the bottom line really is that people who are voting are seeing that the better that they'reng paying more for their be sure health care premiums. the person they voted for, their senator, if they voted for obamacare and promised them that they coulddkeep their health plan, they'll be accountable. they're the ones focusing on that. melissa: are republicans really
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making the most of that, this idea that the economy isn't better? are they able to put it in their favor? the president and democrats talking about raising the minimum wage. i mean, it seemed like they were taking the @ssue and using it, even though there were many out there who actually think it's their fault. theyywere usiig it successfully. are republicans making the most of it? >> no, but midterms aren't about that. do you want do help or block the incumbent president. the republicans have been running on blocking him. one of the things that has changed the dynamic, big issue, understated, cheap gasoline makes people feel a lot better about their economic circumstances. i'm sure that will help the democrats. melissa: guys, thank you so much. stay with fox business tomorrow. we have full coverage and announces of the midterm battle all across the country all day. don't miss neil cavuto tomorrow at 8:00 p.m. i will be joining him
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through the night as well as we tally the votes. i wouldn't miss it for the world. who is who is making money today. anyone with a piece of sprint. the stock moving higher as investors await its earnings "after the bell." they're expected to post a lost loss of 200,000 subscribers. shares are up around 4 percent. has around 3 million shares meaning he's made about $780,000 since breakfast. nice. and angry at losing money. taylor swift the singer can't shake off her ragg at spotify. so she's blocked access to all of her hit songs. her to comeeback.ed with ppeader 16 million users have played her last month alone. she feels her art is
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being undervalued. also making money, a dallas home that is due -- an adorable baby girve. the naming rights for $50,000. i would have bid on that. the owner of the rights can call the baby whatever he or she likes. the money will be used to fund the zoo. i don't know. i don't feel good about that. i wish they put some limits on that contest. it's no longer a pain in the gas. prices at the pump are going down. how long will will it last? ship happens. into a nightmare for passengers. i can't say i'm surprised. at the end of the day it's all about money. ♪
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melissa: i'm melissa francis. former governor mitt romney will not run for president n 2016. that was his message during an interview with fox news sunday. he will be joining neil cavuto tonight at fox business ahead of the midterm elections. automakers hyundai and kia have -- the fuel efficiency of their vehicles. hyundai admitted a million of its cars did not have the efficiency
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advertised. and 2 billion dollars' worth of lottery winnings are left unclaimed each year. that's way more than the 800,000 previously estimated. most of the tickets are worth less than five bucks. how issttat possible. that is the latess on the fox business network giving you the means on prosper.
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melissa: talk about a cruise ship horror story, more than 900 passengers aboard a halloween cruise in the bahamas got an unexpected scare. passengers were plunged into darkness when the bahamas celebration cruise line ran aground and started severely tilting. can you imagine? passengers caught the chaos on their phones with people saying they were left scared and hungry for hours. passengers had paid $400 for a two--ay halllween event which included a zombie ball. i think it was much scarier than they expected. spare change. we are seeing $3 gas for the first time in four years. jeff flock as the story. jeff, is it going lower? >> i don't know, bbt this is pretty low right now. don't you think, 1,449 days that it has been since we had 3-dollar gas. it was december of 2010. it's now down below we
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said 2.98. it's down to 2.96 on average. pretty amazing stuff. what that means is, $250 million extra a day in the economy not spending on gas. melissa: good stuff. a lot of people are spending that money on new gas guzzling cars. isn't that an incentive to buy an suvs. >> auto sales out today. the small cars have taken a beating. if you look, for example, the chevy sonic all the small ones, the little fiats, the small fiats didn't do well. no, they're not buying the suvs. in fact the bigger car, the chevyysuburban, even the big cars likes the cadillacs, it's the ones right in the middle, those suvs right ii the middle. or the chevy traverse had a big month and the jeeps are on fire. so people are buying i think if they can the
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cars that they want which are those ones right in the middle somewhere that gives them the capability they want, it doesn't really guzzle gas, but, you know, jeeps obviously drink more gas that night chevy sonic. melissa: thank yyu so much, jeff. before we head anywhere, something i just had to show you. this indiana couple just got married at 32,000 feet in the air. this is a couple on southwest airlines flight. they had their ceremony somewhere between nashville and dallas. from their mobile phones. so in the crowd were 30 friends and family members, ut most the people on board were just random passengers who happened to be flying on this flight with them. can you imagine if that was you? the couple danced in the aisle in celebration to their nonstop love. did you guys see this? veronica, is that what you did? >> that's exactly what we did. it's cute and cheesy aal at the same time. i just can't imagine being on a wedding dress
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on a plane. melissa: what do you havv 20 take off during security. you have the metal thing in your hair. all kinds of -- not the least of which is tush lance and delays. (?) do you love flying so much that you want to have your wedding there. >> they fly like fivee% days a week. what state did they get married in? what does it actually say, their certificate. theee's no state up there. the state of airplane? melissa: i don't want to cast doubt, but i wonder if one of them thought of that. >> yeah, exactly. melissa: whose idea was it to do it randomly in the air. i wonder if it was the wealthier of the two. >> it could not be a real marriage. melissa: we might have ruined the whole thing. we're headiig into the last hour of trading. let's check in with liz. >> maybe they were just getting prepared for the
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turbulence that comes with marriage. (?) >> well-played i like thaa one. liz: i'll tell you what's possibly well-played, another s&p record. will we see it in this last our. kind of straddling the flatline. the dow jones industrial has crossed the line 35 times so far so we're watching it right now, but the s&p couldn't be flatter at the moment we will see if we hit a record. but where do you put the money? why don't you ask a guy who has been f with fox business watching the money since 2011, now, has $5 billion in assets under management, three names, an airline and not necessarily a car company, but a car, very interesting you'll hear from mark mattson on the way he feels you should be playing the markets. plus the auto sales, you were talking about bigger cars and bigger trucks that are the selling. the truck that has sold well even if there's an
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xl after it, as in extra large, which name jumped 51 percent in sales. wait until you see. we've got duo suuerstar auto watchers one from kelley blue book. boat of them will deduce from which models became hot this month as to which stock you should be buying. yes, they will name names. all that and so much more. will we see a record? melissa: getting even with isis, but not until the spring. find out why iraq and the us want to wait months before confronting the terrorist group. more money and answers coming up.
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melissa: another mass killing isis murdering 50 iraqi men,
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women, and children over the -- the weekend. the militants have now killed at least 150 members of the same sunni tribe. here to talk about all this former cia mike baker. thank you so much for joining us. the un security counsel this may onstitute as war and crime against humanity. may? >> yeah, once again the un taking a bold decisive move here president tortures, the rapes, the mass murders, it may constitute war crimes or crimes against humanity, but this is typical of kind of this half measure that we're whether it's the rest of the world or whether it's the us leadership at the presenn moment where basically (?) in a strategy that seems designed to create a stalemate for some undefined period of time any stalemate say victory for isis. melissa: it does seem like this sort of wait and see attitude is
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what our policy is all about righttnow if you look at the idea that, you know, iraqi forces backed by the us are scheduled o launch an all scale offensive they say in the spring. i mean, why would you make an announcement like that, it's like sending a save the date card for when you're coming in. unless it's where you said they're trying to have a stalemate of some type. >> there's a lot of political overturns. you could argue the push we're engaging in right now is basically based on political speedancy as opposed to sound operational planning. (?) surprise is typically a good thing when you're talking about military activity, we've now announced to a variety of individuals both to be fair us and iraqi officials have announced we're moving our way to a spring offensive. now, the theory, the theory is fine. the theory is we'll train up more iraqi troops because right now we don't believe they're
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sufficient. 20,000 more troops because we don't believe they have the capability to do it on their own. while we're training those troops, we'll continue some airstrikes. we'll continue to provide some advisory ta very high level not on the battlefield. then in the spring, we'll start this big push. we'll take back this territory in the north and western iraq. we'll try to isolate them in urban centers where they have their strongholds and then eventually at some point also assuming the iraqi current government is able to be inclusive. we're going to defeat isis in iraq and then we'll turn our attention to isis in syria. this is, again, in theorr you can understand what people are thinking, we don't want to get preggant. we want to be seen as taking action. in reality again, i would argue that unless we take decisive bold action, at this point we are doing nothing more than engaging in an
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exercise -- melissa: the flip side we go in with our own troops thrrnlingsz seem like the appetite for that here in the u.s. >> that's absolutely correct. we're all fatigued and tired of engagement in the middle east. and so the idea that the us is going to commit ground troops is right now just not acceptable. and the current white house has no intention of doing that. we're already in mission creek. we're already adding more advisories. those advisories will move down to more in the weeds. (?) so we are moving in that direction, but i don't think we will have the commitment the willpooer to commit actual trrops and neither will our allies. melissa: thank you so much. on the much lighter note, taking crazy to new heights and living to tell. we're going to show you the high wire act that had the windy city holding their breath. at the end of the day, it's all about money.
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melissa: the discovery channel learning it is still possible to get massive tv ratings, you just have to put someone in life-threatening danger. thank youfully the wire walk between two chicago skyscrapers went off without a hitch bringing in 13 million vieewrr. great news for discovery -@channel. we'll report tomorrow morning. 13 million just the people who aren't there understand what that means. abc who done it got 8 million. nbc crossing lines 4.2. they went up to a whopping 3 million viewers because people want to see somebody die. >> thank goodness it didn't happen, but for discovery, absolutely, so they have honey boo-boo giant disaster.
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that was one of their big moneymakers. similar thing. net net, how do you feel about earnings going in tomorrow. >> wall street is expecting some pressure on their stock. this goes to show the length they'll go to get that live viewer. we live in i fragmented world now. the networks really are trying to get that live viewer to see their commercials realtime, see their programming realtime. they'll put someone's life on the line. melissa: potennially kill someone. (?) it has to be hanging in the balance. it may or may not happen. we think it's a real problem -- how would you like to be our next person that potenttally dies on the set? >> on the set? you want me to do it on the set? melissa: we can think of something more creative. >> listen, i'm scared of heights. i like to be on levels. this set is peefect for me. but this dock it's been
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down. the earnings have been in line. if they can straighten this company out, it could do well. i don't own it, but they need to ccean up their act. melissa: i hope you are making money today. markets down 25. liz claman starts now. liz: the s&p is just so close to turning yet another record right over. we are just under two points away. now, it's two and thirds. as you look what is happening with what's going on, if it an turn positive for the close, it will be the s&p's 36th record close for the year. anything could happen in this last hour. as for anything in the green for the dow that would also mean another record close. the dow and s&p hitting records earlier today struggling just a bit in this last 60 minutes. investors eyeing two critical events

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